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it is a waste. Bitcoin is an unqualified environmental catastrophe that is literally erasing any progress we've made to combat climate change. Burning away the future, turning useful energy purely and directly into waste and profit by shouting numbers into the void, not even leaving any artifact of value in its wake.

There's not anything wrong with having a central monetary authority. There's not anything wrong with having institutional trust.

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It could be argued that the trust could still be misplaced, but the idea that we can't trust governments for currency is barking up the wrong tree.

The fundamental problems of inequality don't stem from Treasury, but rather from the game theory concept of the https://en.wikipedia.org/wiki/Gambler%27s_ruin making barriers to entry for new players always higher than the incumbents. You can take this all the way down to the bottom, in the example of having no car to be a delivery driver, and to get a loan for a car is a tremendous risk.

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